US regulators defend bank reforms, stablecoins

IANS | June 7, 2026 7:36 AM

Washington, June 7 (IANS) Senior US banking regulators defended efforts to ease some post-crisis regulations and implement new rules for stablecoins during a contentious congressional hearing, while Democratic lawmakers warned that the changes could weaken safeguards designed to prevent future financial crises.

GPS attack could disrupt economy, US lawmakers warn

IANS | June 7, 2026 7:17 AM

Washington, June 7 (IANS) US lawmakers this week warned that a successful attack on the Global Positioning System (GPS) could severely disrupt the American economy, as a House panel examined growing threats from China and Russia and debated competing technologies to provide backup positioning, navigation and timing services.

AI cyber risks, China concerns dominate US hearing

IANS | June 7, 2026 6:25 AM

Washington, June 7 (IANS) Artificial intelligence is dramatically changing the cybersecurity landscape, creating powerful new tools for defence while also giving criminals and hostile states new ways to attack critical infrastructure, technology experts and lawmakers warned during a US Congressional hearing.

Indian-American AI adviser Sriram Krishnan to leave White House

IANS | June 7, 2026 6:20 AM

Washington, June 7 (IANS) Sriram Krishnan, one of the highest-profile Indian-American technology advisers in the Trump administration, announced that he will leave his role at the White House at the end of this month after helping shape the administration's artificial intelligence strategy over the past 18 months.

India and Nepal agree to further deepen and broaden bilateral relationship

IANS | June 6, 2026 11:03 PM

New Delhi, June 6 (IANS) The Embassy of Nepal in New Delhi on Saturday stated in a press release that India and Nepal agreed to further deepen and broaden their bilateral relationship during talks between Nepal’s Minister for Foreign Affairs, Shisir Khanal, and the Minister of External Affairs, S. Jaishankar.